Third Party Risk Specialist

Third Party Risk Specialist Apply locations: London, United Kingdom; Dublin, Ireland Time type: Full time Posted on: Posted 4 Days Ago Time left to apply: End Date: February 3, 2025 (12 days left to apply) Job requisition id: 165698 Provides intermediate level risk evaluation of third party vendors and external parties based on Vanguard's operational and strategic risk methodologies and framework. Supports the review of third party risk operations, assesses compliance with third party risk policies and framework, and provides support and training to business partners. Core Responsibilities Supports the maintenance of operational risk methodology to evaluate and monitor third party risks, sharing of best practices and benchmarking analysis. Maintains a library of third-party risk management policies, standards and procedures. Supports regular review of third-party risk technologies, including Service Now and PowerApps, and suggests improvements. Acts as initial point of contact for internal clients and coordinates with internal stakeholders on third party risk initiatives. Supports oversight of internal partners to ensure adherence to third party risk policies. Attends local third-party oversight business unit forums, provides advice and training on current and emerging third party requirements. The coordination of supplier risk assessments for the European business, partnering with local & global risk teams. Providing appropriate challenge to the business and suppliers on risk assessments information. Reports findings to other stakeholders as needed. Supports identification of risks and issues along with providing potential solutions and processes to mitigate risk. Supports the monitoring of third-party risk metrics / local supplier registers and reports on results to internal stakeholders. Under guidance of senior risk analysts, collaborates with other teams to inform and escalate risk issues and events and stay current with the risk management frameworks and local regulatory guidelines, including the European Banking Authority outsourcing guidelines and Digital Operational Resilience Act. Participates in special projects and performs other duties as assigned (e.g., coordinating controls reports, participating in internal compliance/audit reviews, risk champion). Qualifications Minimum of three years related work experience. Undergraduate degree or equivalent combination of training and experience. What it takes: Have a good understanding of the Vanguard business. Excellent stakeholder management and interpersonal skills will be key as this role will face off to a variety of stakeholders across the business. Good project management skills. Willingness to learn new skills. How We Work Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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